📈 ERA Token Performance & Chart Analysis
Recent Moves: ERA surged ~80–85% on listings at Binance & Coinbase and airdrop events, reaching highs near $2, now trading around $1.25–$1.30 with ~$285M in 24‑hour volume
Market Cap & Supply: Circulating ~148M of 1B total, with market cap ~$185M; token supply unlock is gradual—reducing sell pressure
✅Chart Insight
Strong relic bullish candles after major exchange listings.
Support level found at ~$1.20–$1.25; resistance at $1.50–$1.60 ($2 is psychological ceiling).
Bullish setup: Consolidation above support could fuel another breakout toward $1.80–$2 if momentum holds.
Risk triggers: Rejection at $1.50 or failure below $1.20 may trigger short-term pullback to $1.00–$1.10.
‼️$🔎 My Take on this;
Caldera is unlocking the next generation of Web3 scaling horizontal, interoperable, and custom-built rollups. ERA as an omnichain gas token and governance layer is a powerful infrastructure narrative. With this, price action is at a critical point: a break above $1.60 could launch the next leg,
while a failure could reset. For traders, $1.20–$1.30 remains a healthy accumulation zone. Long-term, Caldera’s technology and adoption make it one of the most compelling plays in L2/Web3 infrastructure.
🎯 Key Watchpoints
Listings & Partnerships: More exchange listings and rollup integrations will boost ERA liquidity and utility.
TVL & Rollup Count: Growth in rollups and TVL are key network fundamentals to monitor.
Token Unlock Events: Track vesting/lock-up schedules to anticipate supply shifts.
Macro Market: Overall crypto sentiment—bull run phases will amplify ERA’s institutional adoption.
#Caldera #ERA #RollupAsAService #Metalayer #Web3Infrastructure #Layer2 #EthereumScaling #CryptoAnalysis #AltcoinInsight #DeFi #BlockchainInnovation #Web3Future $ERA